On 4hr chart, continued making higher highs and higher lows towards the possible ascending triangle top around 5400 zone. Limited upwards movement. Stoch price bear divergence. Finally, margin shorts starting to pick up.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :
Total marketcap :179
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Apple is the “best play” around 5G, noted tech investor Gene Munster told CNBC on Monday.Munster said anyone who thinks Apple will miss the 5G window has a “misguided view.”“There’s two basic views of owning Apple. One is that this is a product cycle company and that you own it … when numbers are negative around the iPhone in anticipation of the numbers turning positive,” he said. “5G … will clearly drive that.”The other is the idea of Apple as a service company, a “more sustainable model,” he added.“Both of those narratives should get a lift” from 5G, he said.
In 2018, shares of Tilray, went from $17 per share in July to just over $300 in August, an increase of more than 600%. With a market cap at that reached over $10 billion, but with only sales of $28 million short sellers saw an opportunity.
Short interest on the stock spiked to about 3.5 million shares, approximately a third of the company’s overall float. Many short sellers got burned on the way up, but the lucky few made a killing on the way down.
Because Tilray isn’t producing much cannabis now and its peak annual output is nothing to write home
The Red List is a list of threatened and endangered species. That’s not the list we’re talking about today. We’re talking about this one:
That’s the little tab which I click on first thing every morning when I open TradingView. The Red List is the list of highlighted stocks, cryptos, commodities etc which I consider most important to me and which I like to keep a close eye on.
Unlike most of my posts, this one does not come from my pre-planned and dynamic list of “topics I must blog about when I get a chance”. This post was conceived last
Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There wasn’t any determined conclusion to the debates, but the IMF’s Christine Lagarde admitted that cryptocurrencies have shaken the established global financial order.
“People now find that digital payments and keeping their money in digital form is much more suitable to their needs. It means that within a couple of years, given current trends, Swedes will no longer have access to central bank money, because notes are the central bank money.”
Big Four professional services firm EY is rolling out free software designed to help corporate clients use the ethereum blockchain – and it’s taken an unusual step to encourage adoption.
Announced Tuesday, EY’s protocol, internally code-named Nightfall, has been developed over the last year by the consulting firm’s team of over 200 blockchain developers and will be published in May. The protocol was created for such use cases as supply chains, food tracing, transactions between branches of a company and public finance.
Coinbase customers in the aforementioned countries can now store, trade, send, and receive cryptocurrencies. The exchange suggests in the post that cryptocurrencies’ are moving from the current “investment phase” into the “utility phase” following a number of new use cases. Coinbase explains:
Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17.
Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly require cryptocurrency exchanges to strengthen internal supervision of cold wallets — devices for storing digital currency which are not connected to the Internet.
By implementing the new regulation, the FSA purportedly addresses the difficulties of ensuring the security of digital currencies and other risks for the country since it intends to boost the fintech industry to stimulate economic growth.
Demand for legal experts with blockchain technology knowledge is high, according to Major, Lindsey & Africa managing director Brian Burlant, who recruits for law firms and in-house legal departments. The news was published by legal news and information site Law.com on April 17.
According to Burlant, law firms are having difficulty keeping up with cryptocurrency and blockchain industry demands for lawyers because of a lack of candidates who really understand the technology. Burlant said that a lot of lawyers enter the space from regulatory practices or government, where they were engaged specifically in practices related to cryptocurrencies.
“Join us in #aeternity’s main #Telegram tomorrow, 6 PM CEST, to win some prizes in #AE tokens:”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
At the time of writting this article, STEEM is on a little UP trend and we should test the resistance line at 0.43$ very soon now. If we are able to break that resistance line, it would be the first positive sign since days now for the STEEM. Let’s see what will happen in the coming hours. Crossed fingers !
Please below to listen to the 35th episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Comments and critiques welcome.
Yesterday China officials reported that their economy grew slightly faster than expected in the three months to March. The economy expanded at 6.4% in the first quarter from a year earlier vs. the forecast of 6.3%. In additional, factory output jumped 8.5% in March.
China is taking a “by any means necessary” approach to boost its slowing economy, but don’t call this a comeback yet. I mean it was only one quarter, for that matter the whole world has been on fire to start the year. Nevertheless, the news was enough to send the copper prices to a 10 month high